The bankruptcy laws allow a married person to file for bankruptcy without their spouse. In California, you will be required to list all of your community property even if your husband or wife is not filing.
In some cases you may not be able to keep your bank account if you owe them on a loan or credit card. This also depends on whether you bank with a credit union or regular bank.
If you are considering doing a short sale on your home it is important that you understand some of the problems involved in completing a short sale.
Your bank may have the right to withdraw money from your bank account to pay a debt owed to them. This is called a right of set-off.
In California there is a wildcard bankruptcy exemptions that allow you to protect and keep property in bankruptcy. How does this wildcard work?
If you forgot to list one of your creditors in your bankruptcy case then the debt may not be discharged in your bankruptcy case
Filing for Chapter 7 and Chapter 13 bankruptcy can help you save your home from foreclosure. Each chapter provides different advantages for saving your home.
Under new bankruptcy court ruling, vehicle liens can be avoided if the vehicle is a tool of the trade, and the lien was created other than to purchase it.
Increases in California’s bankruptcy exemptions help protect more assets when filing for bankruptcy in California. You can protect more property when filing for bankruptcy.
Chapter 13 bankruptcy can help you to continue to operate your business while being protected from creditor action.
If you need to file for bankruptcy in California, will you be able to keep your 401K, IRA or retirement. In most cases the answer is yes.
Keeping your car when you file for bankruptcy in California depends on the equity and exemptions available to protect your vehicle.